Nokia – the actual Nokia back in Finland, not the failing smartphone part Microsoft was forced to buy to save Windows Phone – has decided to acquire Alcatel-Lucent for $16.6 billion. Combined, that’s a lot of mobile IP in one place.
The combined company will have unparalleled innovation capabilities, with Alcatel-Lucent’s Bell Labs and Nokia’s FutureWorks, as well as Nokia Technologies, which will stay as a separate entity with a clear focus on licensing and the incubation of new technologies.
Another interesting tidbit: Nokia is not allowed to make smartphones for a while, but Alcatel-Lucent does make smartphones. On top of that – Alcatel-Lucent… Owns Palm.